EarningsQ2 2026 Earnings Report
DE:C83 Q2 2026 EPS Results
Actual EPS€0.51
Consensus EPS€0.51
Beat/MissMissed by -<€0.01
One Year Ago EPS€0.51
DE:C83 Q2 2026 Revenue Results
Actual Revenue€1.73B
Expected Revenue€1.78B
Beat/MissMissed by -€53.45M
YoY Revenue Growth-2.12%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
DE:C83 Upcoming Earnings
Camping World Holdings's next earnings date is estimated for November 3, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:C83 Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: management delivered notable operational progress (market share gains, inventory cleansing, used-unit growth, SG&A reductions, Good Sam margin expansion and technology initiatives) that strengthen the company’s position. However, top-line pressures and margin compression driven by a weak new RV market, deliberate markdowns to clear aged inventory, Q2 results below expectations, and a lowered adjusted EBITDA outlook temper near-term outlook. Management emphasized cost actions and inventory discipline to stabilize results and improve leverage over time.Company Guidance
Market Share Gains and New ASP Increase
Gained new unit market share through May, exceeding a 29% share of all new RVs sold in the U.S.; new vehicle average sale price rose ~13% in the quarter driven by targeted share gains in fifth wheel and motorized segments.
Used Unit Growth and Revenue Stability
Same-store used unit sales grew over 5% in the quarter; used vehicle revenue totaled $580 million, up 1.4% year over year; management expects used ASP to average around $30,000 for 2026 (Q2 used ASP ~ $29,000).
Significant Inventory Reduction and Aging Improvement
New vehicles on lot down ~17% year over year (dollars down ~5%); prior model year exposure for new RVs nearing 1% (from >6% a year ago); new vehicles aged >365 days cut by >60% year over year. Used inventory units down ~18% vs end of 2025; average age of used inventory down >30% vs end of Q1 and percent of used inventory >180 days down ~50%. Total RV & outdoor resale inventory dollars down nearly 10% YoY; floor plan notes reduced by ~ $280 million from year end.
SG&A Reduction and Planned Structural Cost Savings
Reduced total SG&A by $26.6 million (6.1% year over year) in Q2; identified ~ $100 million of incremental annualized SG&A and operating efficiencies (targeting ~$50M run-rate by end of 2026, ~$15M benefit included in 2026 guidance, and remaining savings by early 2028).
Good Sam Expansion and Margin Improvement
Completed Good Sam ERP overhaul on schedule; Good Sam services and plans gross margin expanded to 61.8% from 59.5% year over year, positioning Good Sam as a growing contributor and B2B opportunity platform.
Technology Investments and Cost Avoidance
Deployed in-house CRMs (Good Sam CRM and an enterprise-grade RV sales CRM in 5 locations) with early results showing improved sales volumes and closing ratios; full rollout expected to eliminate in excess of $20 million of annualized cost.
Balance Sheet and Liquidity Position
Ended Q2 with $224 million in cash and $185 million of unencumbered real estate, while reducing floor plan borrowings materially; management emphasized prioritizing balance sheet strength and generated significant operating cash flow.
Early Sequential Margin Improvement
Management reported margins improving sequentially in July to date versus Q2 and expects sequential improvement in Q3; provided full-year margin guidance ranges (new ~11.5%-12%, used ~17.5%-18%).
DE:C83 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed